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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

Fears for IMF’s ability to raise rescue funds

Posted on 24 February 2009

From Timesonline.co.uk: Fears are growing that the International Monetary Fund will struggle to raise enough cash to help all the countries that need emergency aid as the global financial crisis unfolds.

The leaders of Europe’s wealthiest countries pledged on Sunday to help the IMF to raise at least a further $200 billion for crisis loans, but there was little sign on Monday that EU members will be able to find such sums while facing their own pressures….. Full Article: Source


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